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East Africa Needs-based Finance (NBF) validation workshop, Part II
25 Jun. 2021
13:00h - 16:00h
Virtual event
Climate Finance
UNFCCC
English
0
East Africa Needs-based Finance (NBF) validation workshop, Part II
25 Jun. 2021
13:00h - 16:00h
Virtual event
Climate Finance
UNFCCC
English

Background

 

At the first Strategy validation workshop, held on the 27 and 28 April 2021, Partner States reviewed the revised EAC Climate Finance Technical Assessment, draft Climate Finance Mobilization and Access Strategy, project pipelines and the Strategy Implementation plan and unanimously agreed to the necessity for a supplementary session to conclude the validation of these documents. In addition, participants also agreed to a one-week (6 May 2021) timeline to submit any additional inputs to the EAC Secretariat.

 

Having received additional inputs from Partner States, and with the elapse of the agreed timeline, the EAC Secretariat is pleased to invite Partner States for the final meeting to review and validate the revised documents to be submitted to the EAC Climate Change Working Group for recommendation to the EAC Council of Ministers for endorsement.

 

Participants, will:

  1. Review updates to the technical assessment and adopt it as a final version for electronic publication;
  2. Review the updated climate finance strategy;
  3. Review the updated pipeline of priority projects/programmes/initiatives;
  4. Review the updated implementation plan;

 

Agenda outline

 

Time

Session

Speakers & facilitators

13:50-14:00

Arrival in the virtual room

14:00-14:05’

5’’

Session 1:

Welcoming participants

Opening remarks: Highlighting objectives and expected outcome.

EAC Secretariat

Chairperson  

14:05 -14:20

15’’

Session 2:

Adoption of the final Technical Assessment

Participants will confirm if all previous comments and suggestions are reasonably addressed in the current version. The final document will be e-published.

EAC Secretariat

Chairperson (Facilitation)

All Participants

14:20- 15:00

40’’

Session 3:

Discussion of modifications to the Strategy (1/2)

Introduction and Strategic Framework

Strategic area 1: Capacity-building for addressing climate finance access skills gap;

 

Strategic area 2: Enhancing capacity and mechanisms at national and regional level for the coordination, development and implementation of mitigation and adaptation projects or development projects with climate change co-benefits;

 

Strategic area 3: Enhanced enabling environment for mobilizing funding and catalysing private investment;

EAC Secretariat

Chairperson (Facilitation)

NBF Consultant

All Participants

15:00-15:05

5-minute break

 

15:05-15:25

20’’

Session 4:

Discussion of modifications to the Strategy (2/2)

Strategic area 4: Identifying and mobilizing effective, innovative and appropriate financing for priority climate action in the EAC;

Strategic area 5: Promote available mechanisms to mobilize additional climate finance;

Chairperson (Facilitation)

NBF Consultant

All Participants

 

15:25-15:30

5’’

Session 5:

Final remarks on the Strategy (steps forward)

Chairperson

EAC Secretariat

15:30-16:15

‘’45

Session 6: Discussion of regional project pipelines

Modifications to the four pipelines and new additions suggested.

Chair (Facilitation)

NBF consultant

All Participants

16:15-16:50

35’’

Session 7: Discussion of an Implementation plan

Institutional arrangements, preparatory activities, stakeholder engagement plan and activity calendar.

Chairperson

NBF consultant

16:50-17:00

10’’

Closing remarks (next steps)

EAC Secretariat